Comtec Solar Advances 150MW Hybrid Energy Storage Project in Shanxi
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Comtec Solar Systems Group Ltd. has announced the approval of the Fushan Project, a 150MW hybrid energy storage facility in Shanxi Province. The project includes 20MW of flywheel energy storage and 100MW of lithium battery storage in its initial phase. The company is advancing fundraising and regulatory work, but cautions that the project may not materialize. The latest analyst rating for Comtec Solar (HK:0712) is a Sell with a HK$0.10 price target.
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